ST.

MARYS ENGINEERING COLLEGE

DEPARTMENT OF ECE

TECHNICAL SEMINOR ON

MONEY PAD THE FUTURE WALLET

By
K.Tejadeep
HT.NO-18BH1A0418
 CONTENT
 INTRODUTCION
 HOW IT WORKS
 STRUCTURE OF MONEY PAD
 TRANSACTION USING MONEY PAD
 APPLICATIONS OF MONEY PAD
 TECHNICAL IMPLEMENTATION OF MONEY PAD
 ADVANTAGES
 DISADVANTAGES
 CONCLUSION
INTRODUTCION
 The money pad Introdued here uses the biometrics technology for finger print
recognition.
 Money pad is a form of credit card or Smartcard Which we named so.
 Every time the user wants to accesses the money pad he as to make an
impression Of his fingers which will be Scanned and matched With the one in
the hard disk of data base server .
 If the finger print matches With the user’s he will be allowed to accesses and
the Pad otherwise the Money pad is not accessible .
 The bank code and account number Of the owner of his money Pad is present
on the label .
HOW IT WORKS
 It works as a biometric technology for the authentication of the user for the
impression of his finger print.
 In future the future wallets holds less paper cash , coins and magnetic stripe
cards.
STRUCTURE OF MONEY PAD
TRANSACTIONS USING MONEY PAD
 APPLICATIONS OF MONEY PAD
 Applicable in e-banks and in any kind of e-transactions
 The money pad device is capable for carrying digi-cash and it is useful to
perform any kind of e-banking are e-transactions
 To perform remote transactions like e-payments ,digicash-transactions etc..,
useful to carry digital cash
 The money pad provides a secure means to carry digi-cash
 It is applicable to any kind of e-commerce transactions.
TECHNICAL IMPLEMENTATION OF MONEY
PAD
 The money pad uses the biometric technology as the technique with Which
the Security provided .
 Biometric technology are used to accurately identify and verify an individual
identity
 The accuracy of any biometric System is measured in two ways :
 False acceptable rate –Where an imposter is accepted as a match
 False rejection rate –where a legitimate match denled access
 ADVANTAGES
 Highly secure
 No need to carry any physical wallet or Cards
 Can be used in remote area by using WPAN
 Instant clearing of funds
 Eliminate problems caused by the lost I’d s are Forgotten passwords
 Reduce password administration cost
 Disadvantages
 There should at least one e –bank in city
 Unable to use for hard workers and old age persons
Conclusion

 IN future when internet is going to Capture the world there is no requirement

of any cards .
 Just a small device Which can recognize the Fingerprint can be attached at
any place throught the world.
Thank You